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2014: North Texas real estate market is one for the records
What a year for real estate — 2014 will go into the record books as a time when the Dallas-Fort Worth property market was white hot. The last time North Texas saw such a real estate boom was back in the 1980s, and most of that run-up was fueled by crooked savings-and-loan lenders and tax-dodge investors. Dallas Morning News
Submitted 2 years 83 days ago

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Oklahoma Energy sector in for big changes in 2015
Energy projections for 2015 are disparaging for many statewide, but encouraging at the pumps and wind farms. Wind energy in Oklahoma is expected to grow by nearly two-thirds next year according to the U.S. Energy Information Administration. Currently, wind farms comprise about 15 percent of all power in the state. This increase could fundamentally change the energy sector in Oklahoma, and the change would be coming at an already turbulent time for energy in the state. Duncanbanner.com
Submitted 2 years 83 days ago

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Future cities may harvest energy from human footsteps
From footfalls to climbing stairs, to opening doors, the cities of the future will look at ways of tapping energy from all the mechanical energy we expend going about our daily lives. When looking at the amount of kinetic energy produced in the average metro station at rush hour, or even on the dance floors of nightclubs, harvesting electricity from human activity makes sense. CNN
Submitted 2 years 83 days ago

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Duke Energy transforming South Texas ranch lands into wind farms
Duke Energy (NYSE:DUK) is in the process of building a new wind farm in South Texas that will generate 200 megawatts of renewable power for Austin Energy. Charlotte Business Journal
Submitted 2 years 83 days ago

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Oncor’s backup plan for Texas power gives jolt to energy storage industry
AUSTIN — High-speed flywheels, turbines that run off compressed air stored in caverns, super-sized versions of a cellphone battery ... In the sixth-floor ballroom of a downtown Austin hotel earlier this month, power executives from around the country filed in as companies pitched a stream of technologies to store electricity. Dallas Morning News
Submitted 2 years 83 days ago

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Natural gas glut puts brakes on West Virginia's boom times
Scattered along the western part of Tyler County are newly quiet natural gas drilling rigs, their pumps no longer moving up and down like a 24/7 see-saw. Truck traffic rumbling through here, and jack breaks thumping loud enough to disturb the circuit court and commissioners meetings, have slowed. State Journal
Submitted 2 years 83 days ago

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Tourism: How do we attract visitors?
In practically every conversation about diversifying our economy here in West Virginia, tourism has a prominent place in the list of options that we should pursue. And that isn’t coming just from economists or political leaders. In November, the subject of tourism took center stage at the SCORE meeting in Oak Hill, perhaps understandable given the natural blessings that have been bestowed upon Fayette County. Fayette Tribune
Submitted 2 years 83 days ago

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5 Up-and-Coming U.S. Tourism Cities, See Which Are Southern
Before the rest of the world catches on, discover these five American cities that are gaining traction in the areas of fine arts, fine food, and fine beverages. Huffington Post
Submitted 2 years 83 days ago

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Tennessee Tourism Announces What's New In 2015
Tennessee’s thriving tourism industry continues to expand in the New Year with highly-anticipated grand openings, milestone anniversaries and expansions happening throughout the state. The new and improved tourism assets will contribute to the state’s tourism momentum, helping to strengthen the brand promise to provide vacation experiences that can only be Made in Tennessee. Chattanoogan.com
Submitted 2 years 83 days ago

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Nashville's tourism boom likely to continue in 2015
Nashville doesn't have a beach. It has no theme park anymore, either. It lacks casinos and gaming as well. Instead, Nashville relies almost entirely on its "brand" to draw visitors, a reality that Nashville Convention & Visitors Corp. President and CEO Butch Spyridon points to over and over. The Tennessean
Submitted 2 years 83 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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